Investor interest in currency debasement has reached its highest level since January 2026, with the term appearing in 1,533 Bloomberg articles last week, more than double the prior week, up 750% over two weeks and the third-highest reading on record. Google searches also rose in the second half of August. U.S. Treasury Secretary Scott Bessent’s plan to double buybacks of longer-dated government debt was interpreted as reducing pressure on long-term yields and weakening the dollar, encouraging flows into Bitcoin, gold, emerging-market bonds and carry trades. Bitcoin’s August advance has since faced a tougher test from shifting U.S. monetary-policy expectations: after closing above $80,000 on August 27, it later traded around $78,000-$79,000 below that threshold as rising Treasury yields and expectations for another Federal Reserve rate increase weighed on risk assets. Crypto market maker Wintermute said Bitcoin’s short-term direction remains unclear, identifying $82,000 as major resistance and $75,000 as a key downside level in a deleveraging pullback. Institutional demand remains a support and is broadening beyond Bitcoin. U.S. spot Bitcoin ETFs attracted about $217 million on Aug. 31, reversing a roughly $202 million outflow, while spot Ether ETFs extended an 11-day inflow streak totaling about $1.6 billion and the Bitwise Solana Staking ETF, BSOL, crossed $1 billion in assets under management on Aug. 28. U.S. spot Ethereum ETFs then opened September with net positive inflows, a Farside Investors reading that regulated ETH demand had not faded after a volatile end to August, though the figure is a daily flow signal rather than a full verdict on longer-term appetite. Wintermute flagged the September 15-16 FOMC meeting as the next major catalyst, with the September 4 employment report able to shift rate-hike expectations near 62%.